Filed March 4, 2016 (most recent of 3 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
LINCOLN NATIONAL CORPORATION7+ years Service code 13 · EIN 35-1140070 | Contract Administrator | $96,124 |
Filed as: FIDUCIARY ADVISORS LLC Service code 13 · EIN 36-4001764 | Contract Administrator | $16,500 |
Filed as: DIMEO SCHNEIDER & ASSOCIATES, LLC Service code 13 · EIN 36-4001764 | Contract Administrator | $5,500 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $196,264 | $121,341+61.7% | $189,545+3.5% | $79,389+147.2% |
| Participation rate | 98.9% | 86.1%+12.8pp | 87.8%+11.1pp | 70.7%+28.2pp |
| Annual return | 24.10% | 21.08%+3.0pp | 555.36%-531.3pp | 116.89%-92.8pp |
| Employer contribution / active EE | $8,211 | $3,915+109.8% | $6,162+33.3% | $2,428+238.2% |
| Participant deferral / active EE | $5,385 | $6,395-15.8% | $8,220-34.5% | $4,046+33.1% |
| Admin fee / account holder | $539 | $651-17.2% | $12,049-95.5% | $626-13.9% |